Business News

ED searches SBBEL premises in Rs 605 Cr money laundering case

ED searches SBBEL premises in Rs 605 Cr money laundering case

New Delhi, Feb 24 (IANS) The Enforcement Directorate (ED) carried out searches at various premises of Amar Chand Gupta, Ram Laal Gupta, Raj Kumar Gupta and other family members in connection with its probe into a money laundering case for siphoning off loan amount of Rs 605 crore by Shree Bankey Bih...

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NSDC collaborates with SahiPay for digital financial literacy

NSDC collaborates with SahiPay for digital financial literacy

New Delhi, Feb 24 (IANS) With a vision to promote nano-entrepreneurship amongst youth in the financial services sector, National Skill Development Corporation (NSDC) on Wednesday announced its collaboration with SahiPay -- an Android based integrated platform developed by Manipal Business solutions ...

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Airtel enters advertising business with Airtel Ads

Airtel enters advertising business with Airtel Ads

New Delhi, Feb 24 (IANS) Bharti Airtel has entered the advertising business with the launch of Airtel Ads, a brand engagement solution.A company statement said that Airtel Ads allows brands of all sizes to curate consent-based and privacy safe campaigns to one of the biggest pool of quality customer...

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Flipkart plans to deploy 25K EVs by 2030

Flipkart plans to deploy 25K EVs by 2030

Bengaluru, Feb 24 (IANS) A day after Amazon India said it has deployed nearly 100 Mahindra Treo Zor three-wheelers, e-commerce marketplace Flipkart on Wednesday said it will deploy more than 25,000 electric vehicles in its supply chain by 2030.Flipkart said it has already started piloting and deploy...

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Impact by Honeywell launched to cater to growing mid-segment in India

Impact by Honeywell launched to cater to growing mid-segment in India

Pune, Feb 24 (IANS) Technology company Honeywell on Wednesday announced the launch of Impact by Honeywell, a brand that has been especially created to cater to the growing mid-segment in India.As part of the launch, the company introduced several products that have been locally developed to solve th...

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Consumer gold demand in India set to recover in 2021: WGC Report

Consumer gold demand in India set to recover in 2021: WGC Report

New Delhi, Feb 24 (IANS) Demand for gold among Indian consumers is likely to recover in 2021 on the back of the lower import duty among other announcements made in the Union Budget for FY22, said a World Gold Council (WGC) report.Apart from reducing the import duty on gold, the government also propo...

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Shareholders of Prime Focus challenge price of open offer made by promoters, the Namit Malhotra Family

Shareholders of Prime Focus challenge price of open offer made by promoters, the Namit Malhotra Family

New Delhi, Feb 24 (IANS) Shareholders of Prime Focus including Reliance Media Works Financial Services Private Limited, which holds significant equity stake in Prime Focus have challenged the low valuation of Rs. 44.15 per share offered to the retail and public shareholders of Prime Focus under the ...

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NSE impacted by technical glitch; intra-day trading affected

NSE impacted by technical glitch; intra-day trading affected

Mumbai, Feb 24 (IANS) Trading on the National Stock Exchange of India (NSE) was stalled during the intra-day session on Wednesday due to a technical glitch.Accordingly, the technical glitch impacted intra-day trading on futures and cash segments.The glitch occurred as rates on NSE stopped updating a...

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Vedanta Nand Ghar bags the "CSR Shining Star Award"

Vedanta Nand Ghar bags the

New Delhi, Feb 24 (IANS) Vedanta Limited has been conferred with the "CSR Shining Star Award" under the category of Child Development for Nand Ghar, Vedanta Group's flagship corporate social responsibility project.The recognition was given by Governor of Maharashtra, Bhagat Singh Koshyari in an awar...

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Home loan demand rising in mid, high-range segments

Home loan demand rising in mid, high-range segments

New Delhi, Feb 24 (IANS) Demand for home loans in the mid and high-range segments is on the rise, showed a survey by Magicbricks.It showed that that nearly 38 per cent consumers want to take a home loan ranging between Rs 30 lakh and Rs 1 crore.A total of around 46 per cent of the consumer preferenc...

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